SUA? Usually there's not that much wheel hop if the springs bushings and shocks are decent.
if it's that bad it's going to be something obvious 95/100 times. Check all your bushings, ujoints, ubolts, spring mounts, etc. Make sure the transfer case bolts are tight. Post up pics if you can.
if it's just happening when you first get on it from a dead stop, and doesn't do it after you back off and get back in it while you are already moving, it May be clutch chatter. Easy way to check is just have someone stand to the side and watch what's going on. If its true wheel hop you are destroying the rear springs as they wrap up and unwrap - they will actually get s shaped multiple times while your getting wheel hop.
kind of sounds like someone built a real nice trail rig that you are bound and determined to break. If you want to do smoky burnouts, get yourself an old muscle car and have at it. Those tires are way to heavy to be lighting up, especially if they are mud terrains or better.
If you want to do smoky burnouts, get yourself an old muscle car and have at it.